Garages and parking spaces for sale in Tbilisi

Parking and Garages in Tbilisi

As the number of cars in Tbilisi continues to grow, available parking spaces are becoming increasingly scarce. This ongoing shortage is driving demand for private garages and dedicated parking spots — not only among residents but also among investors. Owning your own parking space isn’t just convenient; it also protects your vehicle from weather damage and potential security risks.

Buyers in Tbilisi can choose from several types of parking: underground garages, multi-level structures, and stand-alone units. New residential developments often include modern underground parking facilities with 24/7 access and security systems. Prices vary by district, parking type, and nearby amenities — with areas like Saburtalo and the city center typically commanding higher prices.

Why investing in parking makes sense in Tbilisi

Tbilisi’s urban infrastructure is struggling to keep up with the growing number of vehicles, especially in central districts and newer residential areas. That’s why investing in a garage or parking space is becoming an increasingly smart and attractive move — both for personal use and as a source of rental income.

Compared to residential property, parking spots are low-maintenance assets that hold their value well, even during market fluctuations. They’re also rarely vacant and require minimal upkeep. In high-density neighborhoods, demand is strong and payback can be quick.

Parking prices in districts like Saburtalo, Vake, and Mtatsminda continue to climb, particularly where street parking is limited. Still, the entry cost remains relatively low, which makes this type of investment accessible even for first-time buyers. In some developments, buyers can even purchase multiple spaces during the construction phase at a discounted rate.

Renting out a parking space is a straightforward way to generate passive income. Depending on location and type, returns typically range from 5% to 10% per year — especially for covered, secure spaces near business hubs and tourist zones.

How to choose the right parking spot in Tbilisi

Choosing a parking space or garage in Tbilisi involves more than just finding a place to park — it’s a financial decision as well. Here are the key factors to keep in mind before making a purchase.

1. Location. Look for a space near your home, office, or rental property. The more convenient the location, the higher the value — and the easier it is to rent out.
2. Type of parking. Underground garages offer better protection from weather and vandalism. Surface-level options may be more affordable but are less secure.
3. Property condition. Inspect for dampness, rust, and general wear. These can affect both longevity and resale value.
4. Space & accessibility. Make sure the space comfortably fits your car. Also, check that access and maneuvering are hassle-free.
5. Security features. 24/7 security and video surveillance add peace of mind — and rental appeal. In Tbilisi, secured parking is in particularly high demand.
6. Legal status. Ensure the space is legally registered as real property. This is crucial for future resale or rental agreements.
7. Local infrastructure. Parking near shopping centers, offices, or popular neighborhoods rents out quickly and commands higher prices.
8. Fees and maintenance. Ask about any monthly maintenance costs or service charges. These will affect your total return on investment.
9. Long-term value. Spots in up-and-coming areas or near major developments tend to appreciate faster. Consider future growth when choosing a location.

Underground vs. Above-ground parking in Tbilisi: which one should you choose?

If you're planning to buy a parking space in Tbilisi, one of the first decisions you'll face is whether to go with an underground or above-ground option. The right choice depends on your budget, your goals — and how you plan to use the space.

Underground parking offers more in terms of security, weather protection, and convenience. Cars are shielded from rain, dust, and extreme temperatures, and the facilities typically include ventilation, surveillance cameras, and restricted access. These spots are especially popular in modern buildings and commercial districts, making them easy to rent out if you're thinking of earning passive income.

Above-ground parking is the more budget-friendly option. These spaces are generally easier to find and cheaper to buy, but they leave your car exposed to the elements — something to consider if you're thinking long term. Still, for short-term or personal use, they can be a smart, low-cost solution.

From a resale and rental perspective, underground spots usually hold more value, especially in high-density areas with limited street parking. That said, above-ground spaces tend to be more flexible and accessible on the market, particularly for those looking for a quick purchase.

So what’s better? If you’re prioritizing security, long-term value, or rental income, underground parking is your best bet. But if affordability is key and you’re okay with open-air storage, above-ground parking is a solid, practical alternative.

Why buying a parking spot in a new building is a smart move

New developments in Tbilisi often come with modern underground parking — complete with lighting, ventilation, fire safety systems, and 24/7 security. These features make a huge difference when it comes to protecting your vehicle and ensuring peace of mind.

Another major perk: direct access from your home to your car. In many new residential buildings, you can take the elevator straight to the parking level — a big plus during rainy weather or when carrying groceries or luggage. It's a small detail that adds a lot of everyday convenience.

From an investment angle, parking spaces in new builds tend to appreciate quickly. Once the building is complete and residents move in, demand for parking rises — along with prices. Many owners rent out their spots to neighbors, creating a steady and hassle-free income stream.

With Korter.ge, finding the right parking space is fast and easy. You can filter by neighborhood, price range, or building type — and see at a glance which projects offer secure underground parking. It’s the easiest way to compare options and make an informed choice, whether you’re buying for personal use or investment.